www.hudclips.org
U. S. Department of Housing and Urban Development
Washington, D.C. 20410-8000
March 12, 1993
OFFICE OF THE ASSISTANT SECRETARY
FOR HOUSING-FEDERAL HOUSING COMMISSIONER
Mortgagee Letter 93 - 7
TO: ALL APPROVED MORTGAGEES
SUBJECT: Implementation of Mandatory Direct Endorsement
processing
Mortgagee Letter 93-2 implementing the major changes to the
Department's Mortgagee Approval and Direct Endorsement
regulations was seriously delayed in its distribution.
Therefore, the Department has extended the deadline for the
implementation of mandatory Direct Endorsement processing until
June 1, 1993. The new requirement is effective for CASE NUMBERS
ASSIGNED on or after June 1, 1993.
Very sincerely yours,
James E. Schoenberger
Associate General Deputy
Assistant Secretary for Housing